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Search Results 0 to 11 of about 12 (some duplicates have been removed)
of money. >>> in the line of fire. cnn is embedded with u.s. troops in afghanistan when the taliban attack. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in the situation room. a special gathering to tackle america's serious economic problems. key figures from government, business and academia came together this week in chicago for the clinton global might be difference america conference. the event was the brainchild of former president bill clinton. i sat down with him in chicago for a candid interview on the country's debt crisis, the 2012 presidential race, and much more. >> mr. president, thanks very much for joining us. good to be here. first time you've done this as far as the u.s. economy is concerned. normally it's global issues. and i want to get to that, but let's talk about some of the big issues right now. jobs, jobs, jobs. it's a crisis, a game of chicken going on in washington right now between the president, the did democrats on one side, republican leadership on the other side. how big of a deal is this august 2nd deadli
revenue in terms of what we are spending. $120 billion alone in afghanistan. alone. that doesn't include aid. 47, 000 troops still in iraq and we have tax cuts in place. >> the united states is strategically overextended worldwide. what are we doing borrowing money from japan and europe and persian gulf. we are overextended. >> exactly, pat. >> the country is overextended. you can't start fighting wars and not raise the revenue. >> maybe you ought to end the war. >> here we go. we have to do a little bit of everything. >> let's do one plan. we talk about both sides in broad strokes. walk us through what is actually inside the deficit reduction plan on each side. >> fair enough. >> simpson sets the standard. they came out with $4 trillion in deficit reduction. the paul ryan plan got about the same amount of deficit reduction, $4 trillion. the obama plan is $2.5 trillion of deficit reduction. the biden talks that have been going on are at zero, really, but they are talking $1 trillion spending cuts, maybe. by the way, even if the plan were adopted, we have $6 trillion more debt ten years f
it happened. >>> a man regarded as one of the most powerful politicians in southern afghanistan was shot dead today in kandahar, ahmed karzai was kandahar's council chief and the half-brother of afghanistan president karzai. he was killed inside hi home today during a gathers of tribal eltders. witnesses say he was shot by a bodyguard, a man karzai trusted and close to them for years. the taliban has claimed responsibility saying the shooter worked for them. >>> leon panetta has strong words for the iraq government while expressing the delay keeping troops in the country through the end of the year deadline. the secretaries y of defense wa baghdad monday and he met with troops at camp victory there where he took several questions. one san diego asks if the iraq leaders were ready to take over. i want you to listen to panetta's response. >> there are people that are going to disagree, there are people that are going to have different views. that's got to play out. that's what's happening here. very frankly sometimes it can be frustrating. i'd like things to move faster here in terms of the dec
the death of osama bin laden. cnn is with u.s. troop and local forces along afghanistan's border. >> americaning pushing the afghans to the front, taking the high ground into the hills. the pressure for less americans here is extreme, but the afghans only mustered five men for this patrol. >> when you shoot it's got to be five to seven-round bursts. >> and despite this training, are barely up to policing the local villages. let alone taking on the very terrorist network america came here to eradicate. american control does not extend up into the valley. >> u.s. and afghan officials say they located here al qaeda fighters, using the secluded also fine villages for training and planning. many taliban, several of them arabs linked to al qaeda, damaging their network. yet the clashes reveal al qaeda said mostly to be across the border in pakistan is again a concern, back where they started in afghanistan's hills. we push down into the valley, still an insurgent strong hold. high tech american attack helicopters buzzed overyaed until militants shot from them from the valley. >> it's u
cuts causing a major part of our long term debts and our deficits. two wars in iraq and afghanistan that if we were to draw down earlier for example, in afghanistan would deal with long-term debt issues. so let's put those things on the table. corporate loopholes, instead of just turning to the piggy bank of social security and medicare. >> what about medicaid? would you cut that? >> medicaid, i mean, the challenge we have from medicaid is we want to make sure that we don't shift, simply shift the burden on to our states, which really can't afford that right now. again, the conversations about these entitlement programs while i find might be, you know, important for us to engage in, we're conflating apples an oranges when it comes to, one, listing our debt ceiling and dealing with major causal factors for our long-term debt. >> i'm asking about all these possible cuts, which you've rejected, because the cost of government right now is up to about 25% of our economy right now. and the revenues are about at 16%. seems to me to get 0 to some quality, raise revenues to 2022 and bring do
'm prepared to have. as you know, we are spreading democracy around the world to places like afghanistan. here is what it looks like in afghanistan. a parliamentary brawl between two women. one in support of karzai, the other not in support of him. get the shoe up there. the other gets a water bottle. they watch them brawl before anyone steps in. it's a fine start. it's a young democracy. here is how you really want to do a parliamentary brawl. we have taiwan. that's pretty good. >> i remember this one. >> how about ukraine. >> oh, furniture. >> they kick down the door. chairs are going to fly there. >> do we have a winner? >> georgia. georgia. that's nice. that's a good one. there's a chair. you always want to get a chair involved. it's a city council meeting. how about south korea. let's do one more. look at him holding his ground. holding his ground. >> okay. ridiculous. what is your point here, willie? >> i don't have a point. >> we used to have good brawls. >> footage or re-enactment. >> a waste of time. >> did you hear about the picasso that was stolen? >> what happened? >> he steals a 1
, there's a pattern in that we have reached a tipping point. we saw it with afghanistan. and iraq in terms of the timetable. when are we getting out. we saw it in the compromises on the bush tax cuts. we have seen this pattern in which democrats are put in the position to having to be the adults in the conversation, and trying to hold things together, and now we are back at that point. if you look at that pattern of concession and then compromise to the middle, and the democrats having to bear the burden politically for those decisions, it might be a trial balloon, but there is a pattern that indicates that social security and medicare are on the table. and that is why we reacted the way we did. this shouldn't be on the table. we have reached a no mass point here. that democrats should never support this. we have to be solid and independent, regardless of what those negotiations with the administration produce. >> in terms of what you described there as bearing the political burden here, that is one of the strategic questions that i have. and this may be clearer to you from washington than
to the war in afghanistan. he's given on taxes. he mised a huge opportunity in my opinion there. why can't the republicans just open their minds a little bit, give a little bit. go back on a commitment to make something happen. >> obama is wrong. >> he's not wrong. >> he had a $780 billion stimulus. the $700 billion tarp, three deficits for $1.5 trillion. we have the fete pumping in $600 billion. it hasn't worked. and so it hasn't -- if it hasn't worked, cohen calls this a cult. the cult won 63 seats. six months ago. what happened to his party. >> thankfully we didn't listen to republicans on the carr industry without the investment the american people made, we would have lost gm, chrysler, ford, and lost our ability on the global stage too. thank god we ignored the republicans when it came to saving the financial system without it. it was the right thing to do for them to pay them back. but what i want to know, ray torically, is where was the team party when bush ran the debt up. they were absent. this isn't as much political as it is substance. i don't doubt they have considerable repu
? look at that. a fight erupting in afghanistan's parliament. first, you saw the shoe go flying. then the water bottle goes flying. then punches are thrown. and that's between two female lawmakers before the colleagues finally pulled them apart. now, this followed a discussion about alleged rocket attacks in pakistan. that's something pakistan denies. in montana, the governor declaring a state of emergency in seven counties because of a ruptured pipeline that caused 42,000 gallons of oil to gush into the river last week. governor disagree about how widespread the oil is. the state says it has found oil 90 miles from the leak. now to ohio where a freight train traveling from cleveland to cincinnati leaked more than 1,700 gallons of diesel from its engine before anyone even realized it, crews are scrambling to clean up the mess. they say about 30 of those gallons spiel spiled in s spill when the train stopped on a bridge in downtown columbus. and the dow finishing in the green, up 56 points. let's go to allison kosik live at the stock exchange. i know we're going to get several jo
Search Results 0 to 11 of about 12 (some duplicates have been removed)